Our Saviors Senior Housing

Analysis

Our Saviors Senior Housing is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Our Saviors Senior Housing reported income of $1.3m and spending of $1.6m, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.3m (+2.1%), an average of +0.5% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Our Saviors Senior Housing sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Immanuel Trinity Affordable Inc ($1.3m), Beacon Center ($1.3m) and Bon Secours Housing Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $173k. At year end it held assets of $3.0m against liabilities of $2.9m, net assets of $112k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.